Icheon City Accepts SME Employee Incentive Applications Until the 31st of Next Month

Up to 3 Million Won Support for Young Workers Aged 19 to 35

On the 27th, Icheon City in Gyeonggi Province announced that it will accept applications for the 'Small and Medium Enterprise (SME) Youth Worker Retention Incentive' from the 1st to the 31st of next month.

The SME Youth Worker Retention Incentive is a policy support fund aimed at encouraging young people to maintain long-term employment in SMEs to promote stable regional settlement and to alleviate the youth employment difficulties faced by SMEs.

Youth aged 19 to 35 residing in Icheon City who have been employed full-time or converted to full-time at an SME within the city before March 2023 and have worked for more than one year are eligible to apply. Applicants must meet the income criteria of an average monthly income of 3.34 million KRW over three months (health insurance premium of 119,657 KRW or less).

The support amount is 3 million KRW per person (1 million KRW for the first year, 2 million KRW for the second year) and will be paid in Icheon City local currency. Only those currently employed as of the application date are eligible, and those who have previously received support from similar government ministry programs are excluded from eligibility.

Applications can be submitted by filling out the application form and necessary documents through the Gyeonggi Province integrated application system 'Jobaba' website. Detailed information about the program can be found in the announcement section on the Icheon City website.

This content was produced with the assistance of AI translation services.